$ZAMA SHORT (Pump is distributing - Massive sell wall blocks the way)
Just look at ZAMA, this is a crazy pump: it launches from the 0.05 area all the way up to 0.09550, nearly doubling the account in a short time. The current price at 0.08612 is only a slight pullback (-3.02%) on the chart, but it’s still up +8.99% in 24h. However, this may be a distribution phase after the pump.
The most important point: The current price is FAR ABOVE all 3 moving averages (MA7 0.06527, MA25 0.05471, MA99 0.04530). The distance to MA7 is 32%, to MA25 is 57% — an EXTREMELY SEVERE overextended condition. Looking at the left order book, there’s a MASSIVE SELL WALL at 0.08620–0.08621 (10.07K + 5.92K = ~16K ZAMA = ~1.38M USDT) — this is an extremely heavy sell wall.
A HUGE volume spike (27.414M ZAMA, 2.384M USDT) but the price is falling — classic distribution phase. The MM is dumping to retail chasing FOMO.
The trap here is that many of you see the price is still “green” +9% and think, “The trend is still up; after the pullback it will pump again to 0.095.” But with a 1.38M USDT sell wall right in front of it and distribution volume, the chances are high that the MM is offloading.
The dip buyers from the 0.05–0.06 zone are up by x1.5–x1.7; their mood is very relaxed to take profit.
The 0.0862–0.0863 zone is a hard resistance with a 16K ZAMA sell wall. If it can’t break through with large volume, the price will likely turn back down toward MA7 (0.065) or even MA25 (0.055).
$BE $VVV
Just look at ZAMA, this is a crazy pump: it launches from the 0.05 area all the way up to 0.09550, nearly doubling the account in a short time. The current price at 0.08612 is only a slight pullback (-3.02%) on the chart, but it’s still up +8.99% in 24h. However, this may be a distribution phase after the pump.
The most important point: The current price is FAR ABOVE all 3 moving averages (MA7 0.06527, MA25 0.05471, MA99 0.04530). The distance to MA7 is 32%, to MA25 is 57% — an EXTREMELY SEVERE overextended condition. Looking at the left order book, there’s a MASSIVE SELL WALL at 0.08620–0.08621 (10.07K + 5.92K = ~16K ZAMA = ~1.38M USDT) — this is an extremely heavy sell wall.
A HUGE volume spike (27.414M ZAMA, 2.384M USDT) but the price is falling — classic distribution phase. The MM is dumping to retail chasing FOMO.
The trap here is that many of you see the price is still “green” +9% and think, “The trend is still up; after the pullback it will pump again to 0.095.” But with a 1.38M USDT sell wall right in front of it and distribution volume, the chances are high that the MM is offloading.
The dip buyers from the 0.05–0.06 zone are up by x1.5–x1.7; their mood is very relaxed to take profit.
The 0.0862–0.0863 zone is a hard resistance with a 16K ZAMA sell wall. If it can’t break through with large volume, the price will likely turn back down toward MA7 (0.065) or even MA25 (0.055).
$BE $VVV